The couple recently revived its relationship after reconnecting in the aftermath of Soffer's terrifying helicopter crash in the Bahamas in November, and Access Hollywood reports they have become engaged.

A source tells the news show that Macpherson is planning to move to Florida to be with the real estate developer. Macpherson appeared to tease fans about the news on Friday by posting the words "Ring magic!!!" on Twitter with a picture of the London Eye big wheel.

Macpherson dated Soffer for two years before they split last March, and if the engagement rumors are true, it will mark the model's second trip down the aisle. She was previously married to photographer Gilles Bensimon in the 1980s. She has two sons from her relationship with French financier Arpad Busson.